Bank of New York Mellon Corp Has $48.80 Million Stock Holdings in John Wiley & Sons, Inc. (NYSE:WLY)

Bank of New York Mellon Corp trimmed its position in shares of John Wiley & Sons, Inc. (NYSE:WLY - Free Report) by 7.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,116,419 shares of the company's stock after selling 92,613 shares during the quarter. Bank of New York Mellon Corp owned approximately 2.07% of John Wiley & Sons worth $48,799,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. State Street Corp grew its stake in John Wiley & Sons by 7.2% during the third quarter. State Street Corp now owns 1,688,156 shares of the company's stock worth $81,454,000 after buying an additional 113,631 shares during the last quarter. JPMorgan Chase & Co. grew its stake in John Wiley & Sons by 29.3% during the third quarter. JPMorgan Chase & Co. now owns 640,940 shares of the company's stock worth $30,925,000 after buying an additional 145,270 shares during the last quarter. Eagle Asset Management Inc. grew its stake in John Wiley & Sons by 40.1% during the third quarter. Eagle Asset Management Inc. now owns 407,997 shares of the company's stock worth $21,273,000 after buying an additional 116,772 shares during the last quarter. New York State Common Retirement Fund grew its stake in John Wiley & Sons by 7.4% during the fourth quarter. New York State Common Retirement Fund now owns 297,820 shares of the company's stock worth $13,018,000 after buying an additional 20,644 shares during the last quarter. Finally, Principal Financial Group Inc. grew its stake in shares of John Wiley & Sons by 3.8% during the fourth quarter. Principal Financial Group Inc. now owns 217,071 shares of the company's stock valued at $9,488,000 after purchasing an additional 7,887 shares during the last quarter. 73.94% of the stock is owned by institutional investors.

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John Wiley & Sons Price Performance

Shares of WLY traded up $2.44 during mid-day trading on Friday, hitting $46.14. 833,251 shares of the company traded hands, compared to its average volume of 323,385. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The business has a 50-day moving average of $41.56 and a 200 day moving average of $45.97. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of -50.71 and a beta of 0.82.

John Wiley & Sons (NYSE:WLY - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.45 by $0.39. John Wiley & Sons had a negative net margin of 2.82% and a positive return on equity of 24.14%. The business had revenue of $404.63 million for the quarter, compared to analysts' expectations of $401.10 million. As a group, equities analysts expect that John Wiley & Sons, Inc. will post 3.42 earnings per share for the current fiscal year.

John Wiley & Sons Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were paid a dividend of $0.3525 per share. This is a boost from John Wiley & Sons's previous quarterly dividend of $0.35. This represents a $1.41 annualized dividend and a dividend yield of 3.06%. The ex-dividend date was Thursday, December 26th. John Wiley & Sons's dividend payout ratio is -154.95%.

John Wiley & Sons Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.